Old Class B Common Stock definition

Old Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company prior to the consummation of the Restructuring.
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Old Class B Common Stock immediately prior to the Effective Time was converted into and became a number of shares of new Class D common stock of the Company, par value $0.01 per share (“New Class D Common Stock”), equal to multiplied by one share of Old Class B Common Stock; (iv) each share of issued and outstanding stock of the Company designated as class C common Stock immediately prior to the Effective Time was converted into and became one (1) share of new Class C Common Stock of the Company, par value $0.01 per share (“New Class C Common Stock”); and (v) each share of Old Common Stock of the Corporation held by the Corporation or any of its subsidiaries immediately prior to the Effective Time (collectively, the “Treasury Shares”) will automatically be canceled and retired and will cease to exist, and no consideration will be delivered in exchange therefor
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Old Class B Common Stock means the class B common stock authorized by the seventh amended and restated certificate of incorporation of the Corporation.
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Examples of Old Class B Common Stock in a sentence

  • The authorized capital stock of New Gaylord currently consists of (a) 10,000 shares of common stock, $100.00 par value ("New Gaylord Old Common Stock"), of which 1,000 shares are issued and outstanding and owned beneficially and of record by the Company, and (b) 10,000 shares of class B common stock, $.01 par value ("New Gaylord Old Class B Common Stock"), of which no shares are issued and outstanding.

  • No fractional shares of Class M Common Stock, Series 1 Mandatorily Exchangeable Preferred Stock or Series 2 Mandatorily Exchangeable Preferred Stock, or certificates representing fractional shares thereof, shall be issued to the former holders of Old Common Stock or Old Class B Common Stock as a result of the Reclassification.

  • Holders of the Old Class A Common Stock and the Old Class B Common Stock, voting together as a single class, but not separately as individual series, approved the de-SPAC and all components thereof, including the adoption of the New Charter.

  • The number of outstanding shares—without taking into account warrants and options—exceeded the number of shares of Old Class A Common Stock and Old Class B Common Stock authorized under the Old Charter.

  • From and afterthe Effective Time, the amount of capital shall be represented by the aggregate par value of the shares of the New Class A Common Stock and New Class B Common Stock for which the shares of the Old Class A Common Stock and Old Class B Common Stock are A-1subdivided, until thereafter reduced or increased in accordance with applicable law.

  • After giving effect to the Reclassification described above, the total number of shares of stock that the Corporation shall have authority to issue is set forth below: 1 Another Article of the Old Charter referenced “series of Common Stock,” thereby reinforcing the conclusion that, notwithstanding how they are named in the Old Charter, the Old Class A Common Stock and the Old Class B Common Stock were two series of the common stock class.

  • Unless we are sure that two persons do not use languages which differ in this way, unless we are sure that they employ the same sort of conceptual scheme, we cannot be sure that they mean the same by the statements they make, even if their statements would be true in the same situations.

  • Specifically, the A and the B common stock could be deemed to have been altered and changed as a result of the switch from being issued in a series to being issued in classes and the Old Class B Common Stock could be deemed to have been altered and changed by being converted into New Spire Class A Common Stock.

  • In connection with the adoption of the New Charter, the Old Class B Common Stock was converted into New Spire’s Class A Common Stock (resulting in an amendment of their rights), and the holders of the Old Class B Common Stock were replaced by different investors who purchased New Spire’s Class B Common Stock.

  • At or immediately prior to the Closing, the Company shall effect the Class B Exchange such that each share of Old Class B Common Stock beneficially owned by the Investor or his Affiliates shall be exchanged for one share of New Class B Common Stock, free and clear of any and all Encumbrances (other than any Encumbrances specifically set forth in the Amended Agreements, the Services Agreement and the Voting Agreement).


More Definitions of Old Class B Common Stock

Old Class B Common Stock means the Class B Common Stock, par value$0.01 per share, of the Company prior to the consummation of the Restructuring. “Partnership” shall have the meaning set forth in the preamble hereto.
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Old Class B Common Stock means the Class B Common Stock of HomePlace Holdings with a par value of $0.001 per share.
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Old Class B Common Stock issued and outstanding as of immediately prior to the Effective Time shall be reclassified as, and be converted into, one validly issued, fully paid and non-assessable share of Class A Common Stock. without any action on the part of any person, including the Corporation, and concurrently with such conversion the number of authorized shares of Old Class B Common Stock shall be reduced to zero. All stock certificates, if any, that represented shares of Old Class B Common Stock immediately prior to the Effective Time shall, from and after the Effective Time, represent the same number of shares of Class A Common Stock until surrendered to the Corporation.
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Old Class B Common Stock means that certain outstanding class B common stock, par value $.02 per share, authorized and issued by XO prior to, and outstanding as of, the Petition Date.
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Old Class B Common Stock means the 1,960 shares of Class B common stock, par value $0.01 per share, of the Company, all of which was held by Marga prior to the consummation of the transactions contemplated by the Redemption Agreement.
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Related to Old Class B Common Stock

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Company Class B Common Stock means the Class B common stock, par value $0.01 per share, of the Company.

  • Class B Common Shares means shares of Class B Common Stock.

  • Company Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Class A Common Stock means the Company's Class A Common Stock, par value $.01 per share.

  • Class A Common Shares means the Class A common shares of the Company, par value US$0.00001 per share, at the date of this Indenture, subject to Section 14.07.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Common Units means the Company's Class A Common Units.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • Class A Preferred Stock means the Class A Preferred Stock of the Company, par value $0.0001 per share.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Class C Shares means the shares of Class C common stock of the Company.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.